Which of the following statements about first-line managers is true?

Assume India can produce either 15 bottles of milk or 50 cartons of eggs using all of its available resources, and Indonesia can

diamong [38]

Answer:

50 cartons of eggs

Explanation:

The comparative advantage is a principle in which a country specializes in the production a good in which it has a lower opportunity cost than others.

Bottles of milk cartons of eggs

India 15 50

Indonesia 25 35

In this situation, the opportunity cost for India of producing 1 bottle of milk is producing 3.33 cartons of eggs. The opportunity cost for Indonesia of producing 1 bottle of milk is producing 1.4 cartons of eggs. This means that Indonesia has a lower opportunity cost and a comparative advantage in producing bottles of milk.

In the other part, the opportunity cost for India of producing 1 carton of eggs is producing 0.3 bottles of milk and the opportunity cost for Indonesia of producing 1 carton of eggs is producing 0.71 bottles of milk. This means that India has a lower opportunity cost and a comparative advantage in producing cartons of eggs.

According to this, India would specialize in producing eggs as it has a comparative advantage and the country will produce 50 cartons of eggs.

5 0

2 years ago

Joe and Debra are deeply interested in the well-being of the cocoa farmers they buy from. Imagine that they were thinking about

julia-pushkina [17]

Answer: Theo Chocolate would probably benefit from such a program because the employees who participate will have greater cross-cultural awareness.

Explanation:

The global service program would be beneficial to Theo chocolates as the workers would have the opportunity to learn about new cultures as they get to interact with farmers from the villages where the cocoa is being farmed. This would make the workers at Theo chocolates to have a high level of cross-cultural awareness.

3 0

2 years ago

The Heather Honey Company purchases honeycombs from beekeepers for $2.00 a pound. The company produces two main products from th

crimeas [40]

Answer:

a. $0.98

b. 6,000 container

Explanation:

a. The computation of the incremental contribution margin per container is shown below:

= Drop selling price - total variable manufacturing cost - drop selling price × sales commission - sale value in raw form × basis

= $4.40 - $0.95 - $4.4 × 5% - 3 × 3 ÷ 4

= $0.98

b. The minimum number of containers of candy sold each month is

= (Per month salary paid to sales person + Master candy maker salary) ÷ ( incremental contribution margin per container)

= ($2,000 + $3,880) ÷ $0.98

= 6,000 container

We simply applied the above formulas so that the a and b part could arrive

6 0

2 years ago

Which of these transactions would produce $10,000 of revenue in December? (check all that apply) BOC Realty leases space to a te

Luba_88 [7]

Answer:

From the given question, the following transactions would produce $10,000 of revenue in December which are:

BOC Realty leases space to a tenant for December and the tenant pays the $10,000 rent in cash in December = YES

BOC Realty leases space to a tenant for December and sends a bill for the $10,000 rent to be paid in January =YES

BOC Realty leases space to a tenant for December and January. the tenant pre-paid the $20,000 rent for the two months in November=YES and BOC Bank is owed $10,000 of interest on a loan for December and receives the payment in January =YES

Explanation:

Solution

Given that:

Now,

From the question stated it says that which of these transactions would produce $10,000 of revenue in December,

Thus,

BOC Realty leases space to a tenant for December and the tenant pays the $10,000 rent in cash in December = YES

BOC Realty leases space to a tenant for December and sends a bill for the $10,000 rent to be paid in January =YES

BOC Bank is owed $10,000 of interest on a loan for December and receives the payment in January =YES

BOC Bank receives a check for $10,000 in December for November's interest amount =NO

BOC Realty leases space to a tenant for December and January. the tenant pre-paid the $20,000 rent for the two months in November=YES

6 0

2 years ago

You are considering two mutually exclusive projects. Project A has cash flows of −$72,000, $21,400, $22,900, and $56,300 for Yea

gladu [14]

Answer:

Choose Project A whose payback is 2.492 years and therefore falls within the 2.5 year required payback period.

Explanation:

Project A

Year Cash-flow Balance

0 (72,000) (72,000)

1 21,400 (50,600)

2 22,900 (27,700)

3 56,300 28,600

$Payback = YearsWithNegativeCumulativeCashflowBalance + \frac{-LastNegativeBalance}{CashInflowfollowingYear}
$

$= 2years + \frac{-(-27,700}{56300}=2.492 years$

Project B

Year Cash-flow Balance

0 (81,000) (81,000)

1 20,100 (60,900)

2 22,200 (38,700)

3 74,800 36,100

$Payback = YearsWithNegativeCumulativeCashflowBalance + \frac{-LastNegativeBalance}{CashInflowfollowingYear}
$

$= 2years + \frac{-(-38,700}{74,800}=2.517 years$

5 0

2 years ago